Mergers by Year

Bank Mergers in 2003

The Federal Reserve's National Information Center (NIC) recorded 751 merger records involving a bank, credit union or bank holding company in 2003. 288 had a bank as the acquired institution. Many acquired parties in this period are not classified as banks, credit unions or holding companies, so the bank count understates the year; the full list is below. NIC recorded 786 in 2002.

288

Banks acquired

NIC, banks as the acquired side

Credit unions merged

NIC, credit unions as the acquired side

130

Holding companies

Bank holding companies merged

751

All merger records

2003 in US banking ›

Largest bank mergers of 2003

Ranked by the acquired bank's total assets at its last call report before the effective date.

Effective	Acquired bank	State	Assets	Acquirer
Dec 31, 2003	Fifth Third Bank, Kentucky, Inc.	KY	—	Fifth Third Bank
Dec 31, 2003	The Broadway National Bank of Chelsea	MA	—	Boston Federal Savings Bank
Dec 31, 2003	First National Trust Company	PA	—	First National Bank of Pennsylvania
Dec 31, 2003	Fifth Third Bank, Florida	FL	—	Fifth Third Bank
Dec 31, 2003	Jacksonville Savings Bank, SSB	TX	—	Franklin Bank, S.S.B.
Dec 31, 2003	Providian Bank	UT	—	Providian National Bank
Dec 31, 2003	The Fifth Third Bank of Northern Kentucky, Inc.	KY	—	Fifth Third Bank
Dec 31, 2003	Fifth Third Bank, Indiana	IN	—	Fifth Third Bank
Dec 24, 2003	The Lenox Savings Bank	OH	—	Foundation Bank
Dec 20, 2003	The First National Bank of O'Donnell	TX	—	The State National Bank of Big Spring
Dec 15, 2003	HomeTowne Heritage Bank	PA	—	National Penn Bank
Dec 13, 2003	Windsor Locks Community Bank, FSL	CT	—	Enfield Federal Savings and Loan Association
Dec 13, 2003	Great Lakes Bank	OH	—	SKY Bank
Dec 12, 2003	Security Bank National Association	TX	—	Citibank Texas, National Association
Dec 10, 2003	First State Bank of North Texas	TX	—	Prosperity Bank

Biggest bank failures by assets ›

Every merger recorded in 2003

751 NIC merger records in 2003 involve a bank, credit union or bank holding company on at least one side, newest first.

Date	Acquired institution	State	Acquirer
Jun 14, 2003	The Munford Union Bank	TN	First Citizens National Bank
Jun 14, 2003	American National Bank	NE	American National Bank
Jun 14, 2003	Allfirst Trust Company of Pennsylvania, N.A.	PA	Manufacturers and Traders Trust Company
Jun 14, 2003	Allfirst Trust Company N.A.	VA	Manufacturers and Traders Trust Company
Jun 14, 2003	Founders Bank	MO	Bank Midwest, N.A.
Jun 14, 2003	The Peoples State Bank	KY	Citizens Union Bank of Shelbyville
Jun 13, 2003	Upbancorp, Inc.	IL	Bridgeview Bancorp, Inc.
Jun 13, 2003	RVB Bancshares, Inc.	AR	Bank of the Ozarks Inc
Jun 13, 2003	River Valley Bank	AR	Bank OZK
Jun 13, 2003	(unnamed)	—	Keystone Bank
Jun 11, 2003	Murfreesboro Bancorp, Inc.	TN	FB Financial Corporation
Jun 11, 2003	Bank of Murfreesboro	TN	FirstBank
Jun 9, 2003	Union Planters Bank of Northwest Tennessee FSB	TN	Union Planters Bank, National Association
Jun 7, 2003	Berean Bank	PA	Advance Bank
Jun 7, 2003	The Commonwealth Bank	VA	First Community Bank
Jun 6, 2003	Advance Bancorp, Inc.	IL	Charter One Financial, Inc.
Jun 5, 2003	Gaylord Employees Tampa Federal Credit Union	FL	Trax Federal Credit Union
Jun 5, 2003	Gardner Credit Union	IL	Fort Financial Federal Credit Union
Jun 2, 2003	Charter 1 Bank	MO	Legends Bank
Jun 2, 2003	Lighthouse Community Bank	SC	Suntrust Bank
Jun 2, 2003	Efco Federal Credit Union	PA	Tri County Area Federal Credit Union
Jun 1, 2003	Keystone Historical Federal Credit Union	PA	Service 1st Federal Credit Union
Jun 1, 2003	BankDallas, SSB	TX	Prosperity Bank
Jun 1, 2003	(unnamed)	—	Legacy Banks
Jun 1, 2003	U.S. Trust Company	CT	U.S. Trust Company, National Association
Jun 1, 2003	Dir Credit Union	VA	Partners Financial Federal Credit Union
Jun 1, 2003	CM Federal Credit Union	NJ	New Jersey Community Federal Credit Union
Jun 1, 2003	GBC Employees Federal Credit Union	PA	Pagoda Federal Credit Union
Jun 1, 2003	Wisconsin Boys School Wales Credit Union	WI	Prime Financial Credit Union
Jun 1, 2003	Tokheim Employees Credit Union	IN	Partners 1st Federal Credit Union
Jun 1, 2003	Haymarket Credit Union	IL	Credit Union 1
Jun 1, 2003	Valley Community Federal Credit Union	WA	Sound Credit Union
Jun 1, 2003	Worth Community Credit Union	IL	Northstar Credit Union
Jun 1, 2003	Amana Employees Credit Union	IA	Community 1st Credit Union
Jun 1, 2003	Saha Credit Union	TX	Southside Credit Union
Jun 1, 2003	Vernonia Federal Credit Union	OR	Wauna Federal Credit Union
Jun 1, 2003	N-P Employees Credit Union	SC	Spero Financial Federal Credit Union
Jun 1, 2003	Steering Federal Credit Union	AL	Family Security Credit Union
Jun 1, 2003	Bay State Federal Savings Bank	MA	Compass Bank for Savings
Jun 1, 2003	Ross-Loos Federal Credit Union	CA	Northrop Grumman Federal Credit Union
May 31, 2003	Clear Lake National Bank	TX	Lone Star Capital Bank, National Association
May 31, 2003	GCCC, Inc.	OH	Charter One Bank, National Association
May 31, 2003	Banc Services Corp.	OH	Wayne Bancorp, Inc.
May 31, 2003	City National Bank and Trust Company, Hastings, Nebraska	NE	Heritage Bank
May 30, 2003	Great Western Bank	SD	Great Western Bank
May 24, 2003	The Bank of Laramie, National Association	WY	The American National Bank
May 24, 2003	CNB Holdings, Inc.	VA	Mountainbank Financial Corporation
May 24, 2003	Wyoming Bank and Trust Company, National Association	WY	The American National Bank
May 24, 2003	Stockgrowers State Bank, National Association	WY	The American National Bank
May 23, 2003	First Colony Bancshares, Inc.	GA	Main Street Banks, Inc.

Bank mergers by year

← 2002 · 2004 →

Year	Merger records
2026	360
2025	433
2024	314
2023	363
2022	432
2021	437
2020	437
2019	547
2018	643
2017	608
2016	655
2015	766

Source: Federal Reserve National Information Center (NIC) transformations, type "merger". A record counts when a bank, credit union or bank holding company is on at least one side. NIC also logs internal consolidations, such as a subsidiary bank folded into a sister bank, so a record is not always an arm's-length deal. Asset figures come from FFIEC call reports (banks) and NCUA 5300 call reports (credit unions). Credit union mergers appear in the NIC records from 2013 on.

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